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Non-Tech : Radica Games (RADA)

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To: Clayleas who wrote (1452)12/19/1997 7:32:00 PM
From: Ron Harvey  Read Replies (1) of 7111
 
<<with no news exspected out for 3 more months>>

This was my view until I gave it second thoughts. Radica's coming out with increased advertising and promotion, and the first big toy convention is in early January, which is practically here. So there'll probably be attention-getting announcements in Jan. as well as investor anticipation of them. Because things seem to be moving much faster than I'd anticipated (I expected the 13's, but not so soon!) I now think that the stock could quickly settle in at around 16, which is halfway between today's low and Wednesday's high. The last couple hours of trading was certainly encouraging.
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